Latest Business News
FY 2014/2015 state budget referred to presidency for approval
Budget witnesses major changes in health, education, electricity and petroleum products subsidies.
Al-Sisi, Sabahy’s dueling economic platforms
The Daily News Egypt lists the economic pledges made by both candidates
Economy to be a top challenge for next president: analysts
As the economic crisis continues, the next president will face much of…
Egyptian pound continues to depreciate against US dollar
The value of $1 stands at EGP 7.16 on 22 May, compared…
Ministry of Tourism signs cooperation protocol with Visa
Cooperation with financial services provider aims to increase tourism to Egypt by…
Dealing with energy shortages, subsidies and a weak currency: Al-Sisi versus Sabahy
Economic policy officials from the campaigns of both presidential candidates reflect on…
Removal of diesel subsidies for tourism sector to begin in November: Tourism minister
Government hopes to remove diesel subsidies in early November in two stages;…
Over 50 Egyptian companies seek to enter Jordanian market
Egyptian companies are looking for opportunities to enter the Jordanian market as…
Jordan requests import of 20,000 tons of rice as exception to Egypt ban
As Syrian crisis harms trade with Jordan and refugees put pressure on…
Barclays Bank Egypt achieves EGP 132m net profit for Q1 2014
The bank achieved a rate of return on equity of 19% in…